Austin Business Journal articles from April 1990

Austin Business Journal archives from April 1990

Texas Commerce Bank-Austin. (Newsmakers)
April 9, 1990... Texas Commerce Bank-Austin Texas Commerce Bank-Austin named CORRINE BRUE senior vice president and manager of human resources.

Capital Network System Inc. (Newsmakers)
April 9, 1990... Capital Network System Inc. Capital Network System Inc. promoted C. MICHAEL MOEHLE to executive vice president, DONALD SIMMONS to executive vice president and ELLEN WOOD to vice president of finance.

Mark Rosenthal. (Newsmakers)
April 9, 1990... MARK ROSENTHAL MARK ROSENTHAL was appointed administrator and chief executive officer of CPC Capital Hospital.

Southern Union Gas. (Newsmakers)
April 9, 1990... Southern Union Gas named Southern Union Gas named GENE DUBAY to the new corporate position of senior vice president and chief information officer.

Shifrin sees APS rebound from 1989 slowdown. (American Physicians Service Group)
April 9, 1990... Shifrin sees APS rebound from 1989 slowdown After three years of increasing earnings, American Physicians Service Group dropped off its pace in 1989. It posted earnings of just $14,000 in 1989. That's down from nearly $2.3 million in 1988...

CSI makes big sale to Taiwan firm. (Columbia Scientific Industries Corp.; Taiwan Power Co.)
April 9, 1990... CSI makes big sale to Taiwan firm In its largest equipment sale ever to a foreign customer, Austin's Columbia Scientific Industries Corp. announced it will sell 20 air pollution monitoring stations to the Taiwan Power Co. The contract will...

Execucom targets consultants with new software product. (Execucom Systems Corp.; Consultant's Support Program)
April 9, 1990... Execucom targets consultants with new software product Austin's Execucom, one of America's leading producers of management information systems software, is targeting consulting firms with its new Consultant's Support Program, or CSP. ...

Hospitality Network signs big deal with Sheraton. (hotel pay-per-view television operator; Sheraton Hotels)
April 9, 1990... Hospitality Network signs big deal with Sheraton Austin-based Hospitality Network Ltd., America's third-largest hotel pay-per-view television operator, has signed a preferred vendor agreement to provide in-room entertainment and guest services...

THP changes name to reflect ownership. (Texas Health Plans Inc.; PCA Health Plans of Texas Inc.)
April 9, 1990... THP changes name to reflect ownership Texas Health Plans Inc., has changed its name to PCA Health Plans of Texas, Inc., effective April 2. Physician Corporation of America, the Kansas-based plan that rescued Texas Health Plans from...

NCNB boosts minority investment firm. (NCNB Texas National Bank; MESBIC Financial Corp.)
April 9, 1990... NCNB boosts minority investment firm Wanted: a few Austin minority businesses that, given the financing, would grow faster than Jack's beanstalk into $5 million-a-year firms. A possible source of this capital surfaced with the announcement...

Bank to operate Island branch twice a month. (Hill Country Bank; Lago Vista, Florida retirement community)
April 9, 1990... Bank to operate Island branch twice a month If the customers can't easily come to you then go to the customers. That's the strategy of Hill Country Bank, which plans to open a part-time branch operation in a Lago Vista retirement...

Largest residential builders in Austin. (no full text - table only) (directory)
April 9, 1990... [Tabular Data Omitted]

Tracor sale brings new firm to town. (Tracor Aerospace Inc., Trimble Navigation Ltd.)
April 30, 1990... Tracor sale brings new firm to town The three parties involved in the Trimble Navigation Ltd.-Tracor Inc. deal are pleased with it. Trimble, a 12-year-old company with annual sales in excess of $30 million, describes its purchase of a...

Hargey vows to publish or perish: but South African's broken promises leaves disappointed disciples in wake of travels. (Taj Hargey)
April 30, 1990... Hargey vows to publish or perish He swept into Austin April 3 riding the crest of a national media campaign and within two weeks had charmed 50 college students and other residents into joining his crusade to start an anti-apartheid newspaper...

HMOs report higher revenue. (health maintenance organizations)
April 30, 1990... HMOs report higher revenue Health maintenance organizations doing business in the Austin area made gains in revenue and net worth in 1989, according to reports filed with the State Board of Insurance. Texas Health Plans, an Austin-based...

Happiness ... is a warm vegetarian snack at a McCartney concert.
April 30, 1990... Happiness... Is a warm vegetarian snack at a McCartney concert When he was a Beatle he may have been the eggman and fond of wild honey pie, but now Paul McCartney is a strict vegetarian. And when he does it on the road - as he did on his...

TI joins software development group. (Texas Instruments, News Briefs)
April 30, 1990... TI joins software development group Texas Instruments has joined with four other companies to develop an advanced software technology for use in expert systems, a type of artificial intelligence. While formally announcing their partnership...

Electrosource holds off on election of officers. (News Briefs)
April 30, 1990... Electrosource holds off on election of officers Shareholders at Electrosource Inc.'s annual meeting voted to adjourn the election of three new directors until May 24, to give management time to solicit additional proxies to gain approval for a...

Datum reports lower earnings in 1st quarter.
April 30, 1990... Datum reports lower earnings in 1st quarter Anaheim, Calif.-based Datum Inc. announced sales for the first quarter of $7.8 million, compared to $8.5 million in 1989, and earnings of $70,000, 3 cents per share, compared to $213,000, 8 cents per...

Pact paves way for sale of RTC homes in Texas. (Resolution Trust Corp.)
April 30, 1990... Pact paves way for sale of RTC homes in Texas An agreement between the Texas Housing Agency and the Resolution Trust Corp. will make funds available to finance the purchase of properties held by the federal agency. The THA will sell $140...

HealthVest expects loss.
April 30, 1990... Health Vest expects loss Health Vest announced that it has reduced the net carrying value of some of its leased properties and mortgage loans by $127.4 million, and expects to record a net loss of $116.9 million for 1989. The firm, a real...

Bank associations oppose proposed deposit tax: legislator says Texas needs big banks' funds for economic development.
April 30, 1990... Bank associations oppose proposed deposit tax A proposal to impose a 5 percent tax on bank deposits in order to keep more of that money in Texas is drawing negative reaction, even from the banks it would not affect. Chris Williston,...

UT offers more than educational opportunities: retailers find near recession-proof business in student market. (University of Texas)
April 30, 1990... UT offers more than educational opportunities Rising proudly over the center of Austin, the University of Texas Tower symbolizes the city's most important institution. Indeed, for many throughout the world, UT and Austin are synonymous. UT...

Norman L. Nevins. (Newsmakers)
April 30, 1990... NORMAN L. NEVINS NORMAN L. NEVINS was named president of the Groce, Locke & Hebdon law firm.